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Jul 23, 2011
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the deficit is like tip o'neil big and fat and out of control. it was never personal and never in the sense they are doing today. >> where did this go? the president is saying that we don't have a dole by august 2nd we are defaulting. >> no, we are not defaulting. everyone knows it is raised. all of the checks will be paid and everyone will be paid . frankly the issue of the budget deficit and government spending and all of that. we have plenty of time and not that we shouldn't have done it sooner than later. the u.s. is not greece or portugal and the way of basing the tax rate increases and changes in obama care should be handled in the election. this is november 2012 issue. i would like to see a short term debt deal and let it be fought out in election time. that's where the voters make the choice . the end game is november 2012 and obama is playing it poorly and poll numbers are showing he's not getting advantage out of being mean and nasty and holding the u.s. hostage. this is not to his political advantage either. >> art, thank you. >>> and
the deficit is like tip o'neil big and fat and out of control. it was never personal and never in the sense they are doing today. >> where did this go? the president is saying that we don't have a dole by august 2nd we are defaulting. >> no, we are not defaulting. everyone knows it is raised. all of the checks will be paid and everyone will be paid . frankly the issue of the budget deficit and government spending and all of that. we have plenty of time and not that we shouldn't have...
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Jul 29, 2011
07/11
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>> big brother is watching you. we'll tell you why you may want to think twice about what you and your kids are posting on facebook. you won't believe it. it's coming next on "the five." stay with us. i ate breakfast and got heartburn, third day this week. so i took my heartburn pill and some antacids. we're having mexican tonight, so another pill then? unless we eat later, then pill later? if i get a snack now, pill now? skip the snack, pill later... late dinner, pl w? aghh i've got heartburn in my head. [ male announcer ] stop the madness of treating frequent heartburn. it's simple with prilosec otc. one ll a day. twenty-four hos. zero heartburn. no heartburn in the first place. great. but afraid you can't afford it? well, look how much insurance many people can get through selectquote for less than a dollar a day. selectquote found, rich, 37, a $500,000 policy for under $18 a month. even though dave, 43, takes meds to control his blood pressure, selectquote got him a $500,000 policy for under $28 a month. ellen,
>> big brother is watching you. we'll tell you why you may want to think twice about what you and your kids are posting on facebook. you won't believe it. it's coming next on "the five." stay with us. i ate breakfast and got heartburn, third day this week. so i took my heartburn pill and some antacids. we're having mexican tonight, so another pill then? unless we eat later, then pill later? if i get a snack now, pill now? skip the snack, pill later... late dinner, pl w? aghh...
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Jul 27, 2011
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big in many ways is just as harded as doing something small. we've said we could fall short of that goal. it may not be achievable. we could in the aftermath fight for something significant and tax and entitlement reform. and we would set something out as long as it ensures that the cloud hanging over the economy is removed and that we lift the debt selling for a substantial period of time to make sure, the uncertainty that that creates doesn't continue to stay with us and that it still achiefs significant deficit reduction. that's not an ideal outcome, but this president made it clear he's not holding out for perfections, and he understands that no party to these negotiations will get everything he or she wants. >> bret: you say the president still thinks it's possible. why then did four months ago, did you say this. >> we believe we should move quickly to raise the debt limit and-- >> a clean bill is without tax revenues or anything, it's not big at all. >> bret, you know, that certainly the link between raising a debt ceiling and a deficit r
big in many ways is just as harded as doing something small. we've said we could fall short of that goal. it may not be achievable. we could in the aftermath fight for something significant and tax and entitlement reform. and we would set something out as long as it ensures that the cloud hanging over the economy is removed and that we lift the debt selling for a substantial period of time to make sure, the uncertainty that that creates doesn't continue to stay with us and that it still achiefs...
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Jul 26, 2011
07/11
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the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on leaders from both parties to negotiate and called on the american people to call their lawmakers to tell them to make a deal to come to a compromise. to avoid default in what he called a financial problem for the united states, a big problem. while we wait for the republican response from house speaker john boehner, let's go to chief white house correspondent ed henry. >> reporter: the contrast was striking. the president flat out saying the other guys are part of a three-ring circus i'm about common ground, balance, compromise. that's because as we noted before he is
the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on...
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Jul 22, 2011
07/11
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you said your bottom line has been a big deal. that is not going to happen. are you going to be willing to go back to just raising the debt ceiling? >> i think i have been consistently saying in the press room and everywhere that it is important for to us raise the debt ceiling. we don't have an option on that. so if that is the best that congress can do, i will sign an extension of the debt creeling to take it through -- debt creeling to take it through 2013. i don't think it's enough. we should do more. the bare minimum, the floor of what the american people expect us to do. so i would like to see us do more. when i meet with the leadership tomorrow i'm going to say let's do more. if they tell me that is the best they can do, then i will sign an extension that goes to 2013 and make the case to the american people we have to continue going out there and solving this problem. it's the right thing to do. it's time to do it. we can't keep putting it off. >> you suggested that speaker boehner didn't return phone calls this afternoon. can you elaborate on that? >
you said your bottom line has been a big deal. that is not going to happen. are you going to be willing to go back to just raising the debt ceiling? >> i think i have been consistently saying in the press room and everywhere that it is important for to us raise the debt ceiling. we don't have an option on that. so if that is the best that congress can do, i will sign an extension of the debt creeling to take it through -- debt creeling to take it through 2013. i don't think it's enough....
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Jul 25, 2011
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they said, here's the big news. white voters are going toward republicans and minorities are going toward democrats. let me explain something to you. about this time out from the presidential election this starts to firm up. republicans always win white voters and democrats always win by much bigger margins minority voters. >> i don't think john mccain would agree with you on that. >> well, first of all, i don't agree with this poll -- i think he won bigger than two points, but he did win among whites. i think it was four points. but let's remember that obama took 60% of the hispanic vote and he took 98% of the black vote. the one guy that -- i'll give bush credit for this. the one guy who understood hispanic voters was george bush. they should are listened to him, because when they got in tancredo, the idiot that keeps running about building 14-foot walls on the border, drove hispanics away. >> i made a mistake earlier when i said the web beat mccain, not bush. this is a hard poll to believe in, because there are w
they said, here's the big news. white voters are going toward republicans and minorities are going toward democrats. let me explain something to you. about this time out from the presidential election this starts to firm up. republicans always win white voters and democrats always win by much bigger margins minority voters. >> i don't think john mccain would agree with you on that. >> well, first of all, i don't agree with this poll -- i think he won bigger than two points, but he...
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Jul 26, 2011
07/11
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the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on leaders from both parties to negotiate and called on the american people to call their lawmakers to tell them to make a deal to come to a compromise. to avoid default in what he called a financial problem for the united states, a big problem. while we wait for the republican response from house speaker john boehner, let's go to chief white house correspondent ed henry. >> reporter: the contrast was striking. the president flat out saying the other guys are part of a three-ring circus i'm about common ground, balance, compromise. that's because as we noted before he is
the president started his address pushing for a big deal, a big plan. he blamed a significant number of republicans in congress for insisting on a cuts-only approach to the debt ceiling increase. the president talked again as he has about about millionaires and billionaires not paying their fair share he quoted president reagan. president obama says short term debt ceiling extension would lead to another standoff in six months. saying that is no way to run the u.s. government. he called on...
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Jul 10, 2011
07/11
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the other thing, as diane said, it has a big, big chance of contagion. what happens in greece could trigger then portugal. it could trigger something in ireland. maybe even something in italy. that then has a real impact on u.s. banks. there's a lot of counterparty activity there. there's also a lot of confidence impact. what happens when people suddenly see other people can't pay their debts is that they stop lending. the financial system starts to seize. it seizes up. that's exactly what happened two years ago. we don't want to see that happen again. >> diane, it's interesting, the president talking about the debt ceiling recently. not to get into the debt ceiling. i want to stay with greece for a minute. he said, we can't afford to have unpredictable things going on in the global economy right now. we just can't and that's what this is all about. we don't need anything unpredictable. >> we have frankly far too much unpredictable. we have a lot of uncertainty in the global economy. anything we can do to reduce that uncertainty at this stage of the game
the other thing, as diane said, it has a big, big chance of contagion. what happens in greece could trigger then portugal. it could trigger something in ireland. maybe even something in italy. that then has a real impact on u.s. banks. there's a lot of counterparty activity there. there's also a lot of confidence impact. what happens when people suddenly see other people can't pay their debts is that they stop lending. the financial system starts to seize. it seizes up. that's exactly what...
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Jul 30, 2011
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double them by 2025. >> it's a big deal. >> laura: it's a big deal. it seems a bit odd given the severity of what's happening to our economy. .4% growth. a downgrade for the first quarter of this year. these numbers are abysmal. the economy has stopped growing, period it's over. >> no doubt about it the bottom line is they believe in the long term it's going to save a lot of oil and cut off our dependents of foreign oil big picture. short-term, you have to wonder, in order to get these vehicles much more efficient that rapidly the big three in detroit already stressed are going to have more economic stress. and so that is an issue. i think the other thing to watch moving forward while senator mcconnell was beating up on the white house today. the white house is looking ahead how they can get a deal this weekend. when you are talking about players with bret, others to watch are some of the younger members who don't have a lot of experience but have key votes in the senate floor. someone like scott brown of mass has who today said he could support the r
double them by 2025. >> it's a big deal. >> laura: it's a big deal. it seems a bit odd given the severity of what's happening to our economy. .4% growth. a downgrade for the first quarter of this year. these numbers are abysmal. the economy has stopped growing, period it's over. >> no doubt about it the bottom line is they believe in the long term it's going to save a lot of oil and cut off our dependents of foreign oil big picture. short-term, you have to wonder, in order to...
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Jul 28, 2011
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these parties are big tents. speaker boehner has a land that a lot of tea party people aren't wild about. tell me, if you were in the senate and speaker boehner's bill came to the senate, would you vote yes or no on it? >> i would not i've said from the beginning what we need to do is be focused. we have to focus on what we want to accomplish. the principles we want to accomplish is to balance the budget and limit the size and scale of government. there's only one continuing that does that as rand paul just said, the american public supports a balanced budget amendment. we can say mr. president, i'm happy to negotiate on cuts right now. i'm happy to do less cuts right now if that -- if you feel that's the worst thing for the economy, fine. let's agree to balance the budget as rand said, seven to eight years is what it would take into effect. that give us a timeline to get there. it gives the market the certainty that the budget will be balanced. that we will get our fiscal house in order. we will have limited gov
these parties are big tents. speaker boehner has a land that a lot of tea party people aren't wild about. tell me, if you were in the senate and speaker boehner's bill came to the senate, would you vote yes or no on it? >> i would not i've said from the beginning what we need to do is be focused. we have to focus on what we want to accomplish. the principles we want to accomplish is to balance the budget and limit the size and scale of government. there's only one continuing that does...
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Jul 26, 2011
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we need to do big things and needed to have done big things. the fact the president won't agree with bigger things, maybe some blame is on us as republicans for not being flexible enough. but the fact is that the country needs to do these things. since we're not going to get a big thing done, the thing to do is do a small thing and try to get the country behind doing the big thing. >> the gang of six. do you have any agreement that was something that republicans could live with and do you think democrat woz have lived witness as well? >> i think some. my distaste is that it's better than nothing. it's far better than anything we've got there now. it's -- it in fact recognizes the we have to reform the tax code. there are some revenue increases in it. but the biggest problem why we're having trouble is because we zront a big friendly climate in this country that would stimulate all new jobs, last owe years have come from new business. new businesses have created and we're stifling that in terms of what we've done to credit market and regulations
we need to do big things and needed to have done big things. the fact the president won't agree with bigger things, maybe some blame is on us as republicans for not being flexible enough. but the fact is that the country needs to do these things. since we're not going to get a big thing done, the thing to do is do a small thing and try to get the country behind doing the big thing. >> the gang of six. do you have any agreement that was something that republicans could live with and do you...
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Jul 24, 2011
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taking a big step st in the right direction. it is pretty clear to me that they are just not willing tong do it. that the next election mattershe more than doing what is right t for the country.or i am not worried about them n w next election. i told the president monthsld pe ago, forget the next election. if we do the right thing forif h the country, we won't have to ho worry about who is going tooing get elected and who isn't. >> speaker boehner, want to thank you, as always, forlways r coming in and we will see how the world turns this week, sir. >> we sure will.eure >>> coming up, our sunday panel and how the debate overebt the debt ceiling is playing plag out. and what will happen next. my cream is what makes stouffer's fettuccini alfredo so delicious. i think you'll find it's the vegetables. deliciously rich. flavorful! [ female announcer ] together at last. introducing new stouffer's farmers' harvest with sides of lightly sauteed farm-picked vegetables. find more ways to get to the table at letsfixdinner.com. vietnam, 196
taking a big step st in the right direction. it is pretty clear to me that they are just not willing tong do it. that the next election mattershe more than doing what is right t for the country.or i am not worried about them n w next election. i told the president monthsld pe ago, forget the next election. if we do the right thing forif h the country, we won't have to ho worry about who is going tooing get elected and who isn't. >> speaker boehner, want to thank you, as always, forlways r...
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Jul 22, 2011
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the great one on this great moment, he and the big guy are in agreement. >>neil: former beck beck says he should do it and the president talked to the lawyers about possibly invoking the 14th amendment to hike the debt limit but the tones -- attorneys are not convinces. and what does mark levin think about that? and he joins on the phone. so, on this you agree with the president? >>guest: the president agrees with me. which president are we talking about? >>neil: the present president. >>guest: the impeached president doesn't get it is which is why he got impeached but it authorizes congress to borrow money, the 14th amendment requires payment of debt already authorized. so you cannot use the 14th amendment to back door behind the article one and i am sure obama was forum shopping which is what he likes to do and they said that is impeachable offense and you would us such -- you would usurp the legislative authority. >>neil: he might have known he could not win but what president clinton was saying was fight it out if the courts. >>guest: president clinton
the great one on this great moment, he and the big guy are in agreement. >>neil: former beck beck says he should do it and the president talked to the lawyers about possibly invoking the 14th amendment to hike the debt limit but the tones -- attorneys are not convinces. and what does mark levin think about that? and he joins on the phone. so, on this you agree with the president? >>guest: the president agrees with me. which president are we talking about? >>neil: the present...
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Jul 30, 2011
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we have people bidding for the big interview for example. and the only sicking point is he wanted her to take a lie detector test after the interview on camera. she didn't seem to like that idea very much. i wonder why? and then we have the everready and everreliable larry flint. king of porn and asked her to do a spread for hustler . he already told her he she could make many millions. have you ever said anything like this? >> ebay was a mask of caylee anthony went for. >>> and her car is up for grabs. anything this woman does is going to be news. but there is one other thing to consider. that is the negative public relations and the back lash that could ensue and i am sure that is studied by the network and closely by probably anybody who doesn't have a blog on the internet where they say anything and get away with it. they will be look hard at one of the things that we really know is that the country want to watch her lie. that is the interest in the interview. it is very amazing. as i said only in america. great to see you and thank you
we have people bidding for the big interview for example. and the only sicking point is he wanted her to take a lie detector test after the interview on camera. she didn't seem to like that idea very much. i wonder why? and then we have the everready and everreliable larry flint. king of porn and asked her to do a spread for hustler . he already told her he she could make many millions. have you ever said anything like this? >> ebay was a mask of caylee anthony went for. >>> and...
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Jul 27, 2011
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, big entitlements, big taxes. it has led to economic catastrophe. it's led to huge amounts of burden on the american people. >> bill: what economic catastrophe. >> ever since the beginning of the great society as you pointed out trillions of dollars that began the big uptick in deficit spending. some presidents have spent more than others, okay? >> bill: right. >> every time we have run the far left progressive experiment of dog out money whether it's entitlement programs, bill, whether it's going into the inner city and pumping god knows how many hundreds of billions into education, every time we have run those experiments, the exact opposite effect has happened. not only have the poor not been elevated out of poverty, but you have also perpetuated this cult of dependency and victim hood. >> bill: that's pretty true. what you are say something true. >> in the mackenzie survey you are talking about rich is getting richer and poorer getting poorer. that's the failure of trickle down economics. have you seen time an
, big entitlements, big taxes. it has led to economic catastrophe. it's led to huge amounts of burden on the american people. >> bill: what economic catastrophe. >> ever since the beginning of the great society as you pointed out trillions of dollars that began the big uptick in deficit spending. some presidents have spent more than others, okay? >> bill: right. >> every time we have run the far left progressive experiment of dog out money whether it's entitlement...
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Jul 25, 2011
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big companies are announcing big lay-offs. big blackberry maker, there have been others. are you worried about a double dip and how that complicates things? >> yeah, yeah. it sure does. if we go a double dip, if you asked me that question three weeks ago, a month ago, i would have said no w he -- we are not going to have a double dip. now speed bump that obama call it, looks to be a ditch those numbers, companies like cisco, blackberry, laying off workers. that's a really bad sign. it suggests we may be headed to a double dip. here's the problem if we do hit a double dip on this economy, it doesn't matter what they do on the debt deal. the deficit is going way up again. we could hit a two trillion dollar deficit if we hit a double dip recession because we won't get the revenues that you need people are -- you need when people are working. >> neil: very good to see you again. steve moore, in pennsylvania. >> we default it is armageddon. the presidential candidate who says if we don't default it is real armageddon. thanks to the venture card from capital one, we get double
big companies are announcing big lay-offs. big blackberry maker, there have been others. are you worried about a double dip and how that complicates things? >> yeah, yeah. it sure does. if we go a double dip, if you asked me that question three weeks ago, a month ago, i would have said no w he -- we are not going to have a double dip. now speed bump that obama call it, looks to be a ditch those numbers, companies like cisco, blackberry, laying off workers. that's a really bad sign. it...
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Jul 25, 2011
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i didn't become speaker of the house because i wanted a big fancy job. i wanted to be speaker so i could do what it takes to -- we have a spending problem. i'm going to do everything can i to tackle this problem as big a way as can i because it's the right thing for the country. >> chris: even if it causes heart burn for the g.o.p. caucus. >> it's the right thing for our country. >> chris: you now say that you and the president are from different planets. you have two entirely different views of the world. what made you ever think -- what makes you seem to think even now that you can make a deal with this president with this views on trillions of dollars in spending, entitlement lings and taxes? >> chris, ways born with the glass half full. i am the opt mist. it's about trying to find common ground. yes, i understand the president feels that we need a bigger government and more spending here in washington. i believe allowing the american people to keep more of that money is the best way to create jobs and grow our economy. it's almost like we come from t
i didn't become speaker of the house because i wanted a big fancy job. i wanted to be speaker so i could do what it takes to -- we have a spending problem. i'm going to do everything can i to tackle this problem as big a way as can i because it's the right thing for the country. >> chris: even if it causes heart burn for the g.o.p. caucus. >> it's the right thing for our country. >> chris: you now say that you and the president are from different planets. you have two entirely...
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Jul 29, 2011
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and so i mean -- so we got another problem right on the heels of that or another big fight. and the president's budget that he did propose went down 97-0 in the senate, even his own team voted against it. >> right. >> so that didn't work. weedon have a budget now. the republicans say that he hasn't submitted a plan for raising the debt ceiling and now we have got this problem coming up at the end of september. what he is doing on this management of the economy or on the treasury? >> well, first let me explain what is going to happen on tuesday if there is no debt limit increase. the treasury will get $200 billion of revenue during the month of august and we will have to spend $300 billion. and because it won't be able to borrow the extra hundred, about $00 billion of government spending will have to be canceled and that will result in closure of many of the agencies of government. but there will still be $200 billion left that is there and social security costs about 60. defense about 60. debt service on the money we owe about 25. so you can spend all of that and still have
and so i mean -- so we got another problem right on the heels of that or another big fight. and the president's budget that he did propose went down 97-0 in the senate, even his own team voted against it. >> right. >> so that didn't work. weedon have a budget now. the republicans say that he hasn't submitted a plan for raising the debt ceiling and now we have got this problem coming up at the end of september. what he is doing on this management of the economy or on the treasury?...
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Jul 29, 2011
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 28, 2011
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>>neil: you are a big wall streeter and big investor and i love guys like you but the fact is i would not bet our financial future on guys like you. what i am saying is not to be critical but if we put all our eggs in the wall street day-by-day gyrations and respond to a big temper tantrum thinking if we give them this, it will calm down, it depends what you give them and whether what you give them is long term in the interests of our country. many will argue maybe not. >>guest: you are 1,000 percent broughts in bigger spoiled broughts than market. >>neil: well, you have not met my children. >>guest: and the traders do not care. they know. they understand the real armageddon but that is good enough for wall street. you saw the rebound after we thought greece was rebounded. a heck of a rebound, one week. >>neil: and we realized it was crappy. >>guest: you are right. to try to appease wall street is a huge mistake. the federal deserve does it all the time and the government does et all the time but they play games. washington and wall street. they use each other. >>neil: you are saying
>>neil: you are a big wall streeter and big investor and i love guys like you but the fact is i would not bet our financial future on guys like you. what i am saying is not to be critical but if we put all our eggs in the wall street day-by-day gyrations and respond to a big temper tantrum thinking if we give them this, it will calm down, it depends what you give them and whether what you give them is long term in the interests of our country. many will argue maybe not. >>guest: you...
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Jul 29, 2011
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remember what i said. $3.7 trillion, the cuts they're talking about, the big debate, the big onerous back and forth, i hate you, i hate you more, relative chump change in the scheme of things. we're arguing over this, no wonder we're in the pickle we are, and no wonder we feel obligated to stay here throughout the weekend
remember what i said. $3.7 trillion, the cuts they're talking about, the big debate, the big onerous back and forth, i hate you, i hate you more, relative chump change in the scheme of things. we're arguing over this, no wonder we're in the pickle we are, and no wonder we feel obligated to stay here throughout the weekend
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six months from now? >> greta: let me ask you about the tax code reform. the simpson-bowles commission said 3300 tax hoop locals, earmarks in the tax code -- loopholes earmarks in the tax code. it didn't get passed over to congress. the president could have adopted that. why didn't the president seize upon that and said let's get rid of those 3300? ' adopted a lot of simpson-bowles commission in the budget framework he laid out in the spring. a lot of the negotiations that took place with the speaker. the president and speaker were agreei
the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six...
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obama made every effort and so did boehner, to get a big deal. now, boehner backed off my association to try and do it, but he did try to get a 4 trillion dollar deal and knew he couldn't get it from the caucus and by the way, obama couldn't get it from his. so, what they basically did, take it back where it belongs, which is in the congress. because this is the bill that's been voted on. >> it's going to end anyway, and it's going to end and they're agreeing, mandatory committee and it's going to be over and we'll talk about fun things. >> and i don't know if it'll get enough votes in the house of representatives. >> i do. >> this committee basically unconstitutionally removes from congress the ability to make decisions with respect to paying money. i'm saying unconstitutionally, the constitution says only the congress did far be it from me to challenge you go the constitution. >> paul ryan, has endorsed the republican plan and when he endorsed through the house of representatives, it gefs comfort they can go forward. >> also having worked in th
obama made every effort and so did boehner, to get a big deal. now, boehner backed off my association to try and do it, but he did try to get a 4 trillion dollar deal and knew he couldn't get it from the caucus and by the way, obama couldn't get it from his. so, what they basically did, take it back where it belongs, which is in the congress. because this is the bill that's been voted on. >> it's going to end anyway, and it's going to end and they're agreeing, mandatory committee and it's...
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big state 24 million. better than one out of every 20 americans lives in texas. we are a pretty republican state. that gives him a big base to jump into a national contest. he's running. he had a meeting earlier this week in austin of fundraising types. two such meetings next week. policy experts flowing in and out of the city. he's getting ready to run. i suspect we'll see him step on to the stage in early august in houston when he has/ a big event. he will be in the race. >> greta: what are his bragging rights besides a big state? the governor in texas is different than the governorships we are accustomed to around the country. >> he has kept spending in check. presided over a conservative budget. and as a result, texas has been growing jobs when the rest of the country was hurting bad. texas was doing all right. we've created more jobs in texas in the last several years than the rest of the country combined. he helped governor bush before he became president, passed a medical liability reform and govern
big state 24 million. better than one out of every 20 americans lives in texas. we are a pretty republican state. that gives him a big base to jump into a national contest. he's running. he had a meeting earlier this week in austin of fundraising types. two such meetings next week. policy experts flowing in and out of the city. he's getting ready to run. i suspect we'll see him step on to the stage in early august in houston when he has/ a big event. he will be in the race. >> greta: what...
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the big deal has collapsed. what else is there to do. >> i will be working with the bipartisan congressional leaders on a path forward. i'm confident the congress can act next week and not jeopardize the full faith and credit of the united states' government. >> chris: well, that was short but sweet. speaker boehner talking to reporters, responding to the president. several key points that he made. he said at very pointedly at the beginning that he has confidence in the bipartisan leadership of conference. he made no mention in that regard about the president when he was asked whether he still trusts the president. he said "i trusted the president." and, specifically, and this is where the real disagreement is, and the president and the speaker of the house are sharply divided on this and we'll see because the president promised he was going to provide documentary evidence. the speaker says that they had an agreement on $800 billion in added revenue and that yesterday the president asked for $400 billion more. a
the big deal has collapsed. what else is there to do. >> i will be working with the bipartisan congressional leaders on a path forward. i'm confident the congress can act next week and not jeopardize the full faith and credit of the united states' government. >> chris: well, that was short but sweet. speaker boehner talking to reporters, responding to the president. several key points that he made. he said at very pointedly at the beginning that he has confidence in the bipartisan...
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the buttons are nice and big and colorful. so kids can figure out how to use them easily. >> rick: ava, what do you think of that one? do you like it? >> yeah. >> ava is hold ago disney camera you can print your favorite princess into your camera. >> rick: you want that one? >> the leg goes go camera, that's for 7 and up. but it was very popular with our kid testers. in fact, a lot of grownups at "consumer reports" really liked that camera, too. it's leggo. it's so cool. >> rick: my kids watch my wife and me taking pictures and they want to do the same thing. >> they're great because they're easy to use for the kids. they don't take the big quality pictures, but it doesn't matter, because they have fun playing with them. >> rick: this is a company that i recognize. they make a lot of great stuff. i'll give this one to ava. >> this is our top pick for younger kids. it has all the bells and whistles that the other cameras have. it's also a gaming machine. it has a couple built-in games and has settings that you can set and a vol
the buttons are nice and big and colorful. so kids can figure out how to use them easily. >> rick: ava, what do you think of that one? do you like it? >> yeah. >> ava is hold ago disney camera you can print your favorite princess into your camera. >> rick: you want that one? >> the leg goes go camera, that's for 7 and up. but it was very popular with our kid testers. in fact, a lot of grownups at "consumer reports" really liked that camera, too. it's...
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they think in the long run it will be effective in a big debate like this. bret? >> bret: ed, thank you. stocks were again down today to close what was the worst week in a year. the dow dropped 97, the s&p 500 gave back 8 1/3, the nasdaq dropped 10. fuel to the fire in the debt ceiling debate. peter barnes breaks down the number. >> high gas prices and weak income gains for workers have the economy growing at its slowest six-month pace since the economic recovery began early last year. the government said today that gdp grew at just a 1.3% annual rate in the second quarter, well below expectations. but the shocker was a huge downward revision of the number for the first quarter. growth originally clocked in at 1.9%, but now the government says it grew at just .4 of a president. for the president, the numbers were too bad to ignore, even as he pressured republicans to cut a deal with him on the debt ceiling to help the economy. >> on a day when we've been reminded how fragile the economy already is, this is one burden we can lift ourselves. we can end it with a sim
they think in the long run it will be effective in a big debate like this. bret? >> bret: ed, thank you. stocks were again down today to close what was the worst week in a year. the dow dropped 97, the s&p 500 gave back 8 1/3, the nasdaq dropped 10. fuel to the fire in the debt ceiling debate. peter barnes breaks down the number. >> high gas prices and weak income gains for workers have the economy growing at its slowest six-month pace since the economic recovery began early...
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i can't believe i'm endorsing a book when i'm in a big fight with you here. juan, here is the problem and we went over this with rand paul. all of these bills short of cut, cap and balance all of them and you can't tell me what the president's plan is because he didn't have the courage to come forward with one. he didn't do what the republicans did because i think he is in over his head, he is weak and not a leader. that aside -- >> okay. >> thank you for con ceding that point. >> i didn't but go right ahead. >> sean: the republicans have put forward their plan and with all of these plans short of cut cap and balance and what rand paul and i were talking about tonight, we are still increasing spending 8% a year. we are -- not only are we taking a sledge hammer to our kids piggy banks we are taking a bulldozer to freedom our constitution and their future opportunity and that is why this matters. we get this right now. and that is why the president shut should have led. >> let me say this to you, the president has been leading and the president has been trying
i can't believe i'm endorsing a book when i'm in a big fight with you here. juan, here is the problem and we went over this with rand paul. all of these bills short of cut, cap and balance all of them and you can't tell me what the president's plan is because he didn't have the courage to come forward with one. he didn't do what the republicans did because i think he is in over his head, he is weak and not a leader. that aside -- >> okay. >> thank you for con ceding that point....
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a big wave of payments about 23 billion and so on. obviously some things would not get funded in this country that typically do. what was interesting to hear what from speaker boehner today, chris, in that interview with laura ingraham, earlier today, around 4:00 p.m. eastern time, he was asked about the fact that wednesday would really mark the deadline if they were going to have votes in congress on this issue, that they would have to get their act together because that's when they would need to secure cloture and all the other parliamentary procedure they would need to hold votes. did he think they could craft a deal before wednesday and the speaker said it's only friday. he also said that he will attend as you mentioned tomorrow's session at the white house. he does not believe that his relationship with president obama has been permanently damaged. but he did say that it has been the republicans who have been all along pushing for tough spending cuts and that the white house has avoided every effort to make tough decisions about
a big wave of payments about 23 billion and so on. obviously some things would not get funded in this country that typically do. what was interesting to hear what from speaker boehner today, chris, in that interview with laura ingraham, earlier today, around 4:00 p.m. eastern time, he was asked about the fact that wednesday would really mark the deadline if they were going to have votes in congress on this issue, that they would have to get their act together because that's when they would need...
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that's a big sticking point. there are things called triggers which would -- you know, if people walked away from these committees, they're supposed to find more savings, without getting too into those details, there are sticking points, but there are ongoing discussions about getting to something before tuesday. those are involved -- some of the members of the gang of six are involved in those discussions. scenario durbin of illinois, senator chambliss, others are involved, and so are the senate minority leader and majority leader. i don't think we'll see -- if we see this projection in the senate tonight -- rejection in the senate tonight, i don't think we'll see anymore tonight. hopefully over the weekend they cobble something together. >> this is one of the arguments that john boehner is making right now. this is why this needs to pass. if this doesn't pass we're not in the conversation anymore. we are silent. if this passes, then you can imagine some kind of a compromise along the lines of what a.b. is talki
that's a big sticking point. there are things called triggers which would -- you know, if people walked away from these committees, they're supposed to find more savings, without getting too into those details, there are sticking points, but there are ongoing discussions about getting to something before tuesday. those are involved -- some of the members of the gang of six are involved in those discussions. scenario durbin of illinois, senator chambliss, others are involved, and so are the...
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we are doing it against big odds because he's got the bully pulpit in the white house. the democrats control the senate. but the house republicans are doing everything they can to steer this debate and we want in the senate, we want to have an opportunity to join them many we hope we will get that chance when the winner -- when the boehner plan comes our way. >> sean: thank you senators. michelle malkin is here. we'll get her reaction to senator reid accusing speaker boehner of caving to the tea party movement and the attacks again the tea party that took place in the "wall street journal" and the wee [ male announcer ] to the 5:00 a.m. scholar. the two trains and a bus rider. the "i'll sleep when it's done" academic. for 80 years, we've been inspired by you. and we've been honored to walk with you to help you get where you want to be ♪ because your moment is now. let nothing stand in your way. learn more at keller.edu. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red l
we are doing it against big odds because he's got the bully pulpit in the white house. the democrats control the senate. but the house republicans are doing everything they can to steer this debate and we want in the senate, we want to have an opportunity to join them many we hope we will get that chance when the winner -- when the boehner plan comes our way. >> sean: thank you senators. michelle malkin is here. we'll get her reaction to senator reid accusing speaker boehner of caving to...
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look, i think he has lost big. i think what he promised to the american people, he would bring them around the bend. he has taken them down an alley of dismay and demagoguery. i think he will be judged for that in the end. he will be very unhappy. republicans don't look that great right now. leadership, it's often tough politically to lead. you will get bunched. barack obama stays out of this. he doesn't want a black eye. he doesn't want to get hit. >> laura: if republicans eat their own they are not looking too good. looking like the gang that can't shoot straight. it doesn't help them in this at all. leslie, here is where we are right now with the president. he didn't come out with his own plan, we didn't hear from him for the longest time on this issue. and suddenly even media folk, not just ed henry but others are asking okay, what about your ideas? what about your plan? and he looks like for the longest time he was m.i.a. on leadership. that is what has also frustrated a lot of these democrats on capitol hill.
look, i think he has lost big. i think what he promised to the american people, he would bring them around the bend. he has taken them down an alley of dismay and demagoguery. i think he will be judged for that in the end. he will be very unhappy. republicans don't look that great right now. leadership, it's often tough politically to lead. you will get bunched. barack obama stays out of this. he doesn't want a black eye. he doesn't want to get hit. >> laura: if republicans eat their own...
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we are doing it against big odds because he's got the bully pulpit in the white house. the democrats control the senate. but the house republicans are doing everything they can to steer this debate and we want in the senate, we want to have an opportunity to join them many we hope we will get that chance when the winner -- when the boehner plan comes our way. >> sean: thank you senators. michelle malkin is here. we'll get her reaction to senator reid accusing speaker boehner of caving to the tea party movement and the attacks again the tea party that took place in the "wall street journal" and the weekly standard, coming up. my doctor told me calcium is besabsorbed in small continuous amounts. only one calcium supplement does that in one daily dose. new citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal. ♪ ♪ i like dat, all right [ male announcer ] mio. a revolutionary water enhancer. add a little...or a lot. for a drink that's just the way you like it. make it yours. make it mio. it's the cleanest, cle
we are doing it against big odds because he's got the bully pulpit in the white house. the democrats control the senate. but the house republicans are doing everything they can to steer this debate and we want in the senate, we want to have an opportunity to join them many we hope we will get that chance when the winner -- when the boehner plan comes our way. >> sean: thank you senators. michelle malkin is here. we'll get her reaction to senator reid accusing speaker boehner of caving to...
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. >>> now to washington, a big meeting on the hill tomorrow. leaders from both sides of the aisle will come together to try a break a deadlock over the nation's debt. yesterday president obama made a rare appearance in the white house briefing room to urge lawmakers to show up with the right attitude. >> it's my hope to everybody's going to leave their ultimatums at the door. they will leave political rhetoric at the door and we're going to do what's best for our economy and do what's best for our people. >> house speaker john boehner put out this tough statement quote saying, i am happy at the moment to discuss these issues at the white house, but these discussions will be fruitless until the president recognizes economic and legislative reality. luke russert covers capitol hill for us. luke, part of that discussion is the mini deal with senators reid and mcconnell were discussing earlier. where does that stand in this discussion so far? >> it's interesting, one of the things that is being thrown up on capitol hill is somewhat of a mini deal.
. >>> now to washington, a big meeting on the hill tomorrow. leaders from both sides of the aisle will come together to try a break a deadlock over the nation's debt. yesterday president obama made a rare appearance in the white house briefing room to urge lawmakers to show up with the right attitude. >> it's my hope to everybody's going to leave their ultimatums at the door. they will leave political rhetoric at the door and we're going to do what's best for our economy and do...
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. >> bill: i said from the jump the big loser in this whole thing if they get a deal done his image is going to take it. >> is he now streaming himself on dick morris.com. didn't get enough of him tonight. >> every day at lunch get a video. >> bill: fabulous. lawyer range gram on -- laura ingraham on the possibility of a compromise and the branding of norway killer a . >> bill: in the week in review from the ingraham angle segment tent, loss to talk about ms. laura celebrating the success of brand new best seller of thee i zing. muffin tops to body shops. what did you think of the discussion with morris. right on that the far left is intimidating the president of the united states. >> all going to be about turn-out bill as dick pointed out in 2012. y it was the president earlier this week leaning on and appealing to la raza or whether it's president obama being dictated to by the far left web sites, i think it's going to be a push poll thing until november. he has got to motivate the troops because he can't run on his record. he has got to run on all these other kind of side issues to
. >> bill: i said from the jump the big loser in this whole thing if they get a deal done his image is going to take it. >> is he now streaming himself on dick morris.com. didn't get enough of him tonight. >> every day at lunch get a video. >> bill: fabulous. lawyer range gram on -- laura ingraham on the possibility of a compromise and the branding of norway killer a . >> bill: in the week in review from the ingraham angle segment tent, loss to talk about ms. laura...
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the big crisis that is coming is more important. we get past august 2nd, the president is going to have to lead and make choices and prioritize . there is enough money in the month of august to pay the bond holders and social security recipients and troops in the field. after that, the president will have to do something. he will have to decisions . >> that is preferable to the mcconnel fall back. >> it is a cut, cap and balance. >> before august. >> which is preferable. mccannle plan or cut cap. >> mcconle plan kicks it down the road. >> unless you put what they want in place. >> what is wrong with letting the state's decide. 49 out of 50 states have it. >> every munic patti and township and government. (talking all at once.) (talking all at once.) (talking all at once.) . you have a provision in there does makes it. (talking all at once.) (talking all at once.) it is not a real balanced budget. >> (talking all at once.) . >> i have to end the segment. >> no, no, no. you allow that to default on the debt. it is going to hurt every
the big crisis that is coming is more important. we get past august 2nd, the president is going to have to lead and make choices and prioritize . there is enough money in the month of august to pay the bond holders and social security recipients and troops in the field. after that, the president will have to do something. he will have to decisions . >> that is preferable to the mcconnel fall back. >> it is a cut, cap and balance. >> before august. >> which is preferable....
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that the president moved the goal posts after the gang of six revealed a plan earlier this week and a big reason why the talks broke down. and one of those six, he joins me now. senator, the gang is famous for trying to bridge republicans and democrats and democrats didn't like the fact that you didn't offer enough spending cuts, republicans didn't like the fact that among your ideas was revenue enhancements. what they called automatic tax hikes. but still, it was a bridge. is that bridge now burned and destroyed? >> oh, no, i don't think so at all. as a matter of fact, our plan does not raise taxes. we actually cut the taxes dramatically and the revenue that we allocate is revenue from growth in the economy. which is exactly how we ought to approach it. this is the-- >> wait a minute, wait, didn't that include getting rid of credit and subsidies and the like that would effectively at least here in some states, raise taxes on those individuals to work. >> well, some are arguing that, but we reduce rates far more than we adjust the tax preferences so no matter how you look at it. we have f
that the president moved the goal posts after the gang of six revealed a plan earlier this week and a big reason why the talks broke down. and one of those six, he joins me now. senator, the gang is famous for trying to bridge republicans and democrats and democrats didn't like the fact that you didn't offer enough spending cuts, republicans didn't like the fact that among your ideas was revenue enhancements. what they called automatic tax hikes. but still, it was a bridge. is that bridge now...
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a big wave of payments about 23 billion and so on. obviously some things would not get funded in this country that typically do. what was interesting to hear what from speaker boehner today, chris, in that interview with laura ingraham, earlier today, around 4:00 p.m. eastern time, he was asked about the fact that wednesday would really mark the deadline if they were going to have votes in congress on this issue, that they would have to get their act together because that's when they would need to secure cloture and all the other parliamentary procedure they would need to hold votes. did he think they could craft a deal before wednesday and the speaker said it's only friday. he also said that he will attend as you mentioned tomorrow's session at the white house. he does not believe that his relationship with president obama has been permanently damaged. but he did say that it has been the republicans who have been all along pushing for tough spending cuts and that the white house has avoided every effort to make tough decisions about
a big wave of payments about 23 billion and so on. obviously some things would not get funded in this country that typically do. what was interesting to hear what from speaker boehner today, chris, in that interview with laura ingraham, earlier today, around 4:00 p.m. eastern time, he was asked about the fact that wednesday would really mark the deadline if they were going to have votes in congress on this issue, that they would have to get their act together because that's when they would need...
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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i've heard spending cuts aren't a big deal, raise that debt ceiling so they don't hit the roof. and all of those notes and bonds that a lot of you hold and thinking to myself. we're afraid of these guys having a hissy fit? is that a way to conduct policy, gauging market reaction to it. don't get me wrong, i love this capital stm and remember, back in the fall of 2008. wall street melted down nearly melted down after congress initially rejected then president bush's first tarp request? you knnknow why they did that? it was a bailout for bankers and brokers, lets hat not read too much in the selective tantrums and to rescue who these guys think are fairs, namely their interests and not necessarily the country's interest. that's not to stay that wall street isn't and shouldn't be worried about our long-term future, it should. let's just say it spends a lot more time focused on its short-term future. there is a difference and we'd be wise to remember it and wall street, you would be wise to appreciate it because this isn't about momentarily protecting your assets and their price. th
i've heard spending cuts aren't a big deal, raise that debt ceiling so they don't hit the roof. and all of those notes and bonds that a lot of you hold and thinking to myself. we're afraid of these guys having a hissy fit? is that a way to conduct policy, gauging market reaction to it. don't get me wrong, i love this capital stm and remember, back in the fall of 2008. wall street melted down nearly melted down after congress initially rejected then president bush's first tarp request? you...
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. >> bill: i said from the jump the big loser in this whole thing if they get a deal done his image is going to take it. >> is he now streaming himself on dick morris.com. didn't get enough of him tonight. >> every day at lunch get a video. >> bill: fabulous. lawyer range gram on -- laura ingraham on the possibility of a compromise and the branding of ♪ [ engine revving ] [ male announcer ] 125 years ago... we invented the automobile. ♪ and 80,000 patents later, we're still reinventing it. ♪ it's no coindence that the oldest car company has the youngest and freshest line in the luxury class. mercedes-benz. see your authorized mercedes-benz dealer for exceptional offers on the c-class. ♪ . >> bill: in the week in review from the ingraham angle segment tent, loss to talk about ms. laura celebrating the success of brand new best seller of thee i zing. muffin tops to body shops. what did you think of the discussion with morris. right on that the far left is intimidating the president of the united states. >> all going to be about turn-out bill as dick pointed out in 2012. y it was
. >> bill: i said from the jump the big loser in this whole thing if they get a deal done his image is going to take it. >> is he now streaming himself on dick morris.com. didn't get enough of him tonight. >> every day at lunch get a video. >> bill: fabulous. lawyer range gram on -- laura ingraham on the possibility of a compromise and the branding of ♪ [ engine revving ] [ male announcer ] 125 years ago... we invented the automobile. ♪ and 80,000 patents later,...
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Jul 26, 2011
07/11
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the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six months from now? >> greta: let me ask you about the tax code reform. the simpson-bowles commission said 3300 tax hoop locals, earmarks in the tax code -- loopholes earmarks in the tax code. it didn't get passed over to congress. the president could have adopted that. why didn't the president seize upon that and said let's get rid of those 3300? ' adopted a lot of simpson-bowles commission in the budget framework he laid out in the spring. a lot of the negotiations that took place with the speaker. the president and speaker were agreei
the big unresolved issue is revenue. pretty much any neutral observer says the only way to get significant debt reduction is through tax reform to make sure the wealthiest americans through elimination of deductions and loopholes participate. in the short term in the next book we are not going to do entitlement or tax reform. the question is, either of them would reduce spending significantly. good down payment on the deficit. are we going to have this debt ceiling hanging over us five, six...